Uhuru Kenyatta

All parliamentary appearances

Entries 821 to 830 of 1613.

• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, first allow me to thank the hon. Members for their continued support to the budgetary process and other related Government policies aimed at sustaining and enhancing economic growth. view
• 18 Oct 2011 in National Assembly: Consequently, Mr. Temporary Deputy Speaker, Sir, our economy has had a turn around, expanding by 5.6 per cent in 2010, up from 2.6 per cent in 2009. The measures I proposed in my Budget Statement this year are aimed at building resilience and, at the same time, supporting a broad-based economic growth, so as to continue creating jobs for our youth, feeding our people, reducing poverty as well as inequality. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the resilience we have demonstrated in the past will have to come in handy again but, most important now is cushioning our people against challenges. We have to face the future with courage and embark on a bold journey to create hope amongst our people. As part of this journey, we have proposed measures to moderate the rising cost of living and to assure our people of food security, employment and going forward. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the taxation measures I propose in the Finance Bill of 2011 are aimed at promoting economic growth, expanding employment opportunities, reducing poverty and cushioning our people against high commodity prices, while at the same time simplifying the tax system. The miscellaneous measures are aimed at enhancing stability within the financial sector, especially the banking and insurance industry. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, allow me to highlight only a few proposals, as hon. Members will have an opportunity to debate the entire Bill during the Committee Stage. In April this year, the Government reduced Excise Duty on kerosene by 30 per cent in order to stem the impact of rising fuel prices on households. However, the cost of living has continued to increase due to the rising international oil prices. To further cushion Kenyans from the effects of high cost of living, and to make kerosene prices more affordable to the common mwananchi, I have, indeed, proposed to ... view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, to bring equity in the prices of beer and to simplify the beer Excise Tax regime, I propose to amend the Customs and Excise Duty Act to rationalize Excise Duty on beer at Kshs70 per litre, or 40 per cent of the retail selling price. I have also harmonized Excise Duty on cigarettes at Kshs1, 200 per mille or 35 per cent of the retail selling price. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I have noted that some employees work for more than one employer and end up getting multiple benefits. I have, therefore, proposed to amend the Pay-As-You-Earn (PAYE) rules to provide that an employee shall only qualify for one personal relief. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, there are many taxpayers who have filed income tax returns, yet all the PAYE taxes have been paid promptly by their employers on a monthly basis. Therefore, I have proposed to abolish the filing of returns by employees who have no other income and their PAYE is being paid to the Exchequer by their employers. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, we have had cases where books of accounts have been kept in languages other than official languages; English or Kiswahili, to make audit of financial accounts of taxpayers difficult. To address this challenge, I propose to amend the Income Tax Act to require taxpayers to keep their records in English or Kiswahili and in Kenya Shillings. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, to create stability in the banking industry, I have proposed to amend the Banking Act to create a framework for sharing credit information between institutions licensed under the Banking Act and those licensed under the Micro Finance Act. view